Phrases with «banking levy»

A banking levy is a kind of tax or charge imposed on banks by the government. It is collected in order to generate revenue or to fund specific purposes, such as maintaining financial stability or supporting public services. It is a way for banks to contribute funds to the government or society. Full definition

banking (parent phrase)
levy (parent phrase)

banking levy

Related phrases

to levy one's bank account
bank account levies
bank levy

Sentences with «banking levy»

The only corporate bodies not benefiting from the move are the banks, who are hit by a higher bank levy as a result. (politics.co.uk)
Instead they'll stick to the permanent bank levy. (politics.co.uk)
Non-compensation expenses of $ 2.5 billion reflected higher levels of business activity and costs associated with the U.K. bank levy. (businessinsider.com)
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Phrases with «banking levy»

Related phrases

Sentences with «banking levy»

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